Just to let IB know, i am going to withdrawal money from my IBKR account to trade Crypto on Binance or CoinBase. Please, don't become obsolete. I love you.
You must be very angry / frustrated / mad. I am going to maintain my account with IBKR. Amiitabha / Peace be with you or whatever.
I was not clear, my fault: IB is the best, no way, but Crypto markets are becoming bigger and bigger. Millions of transactions every day and lots of opportunity to make some money. I want to trade Crypto and to do this i have to remove money from IB account. My point is : how many clients have done or will do like me? Imho, IB is missing something big.
Just got this email: ***We recognised that your ID/passport has been verified recently. Based on the provided information you may order your Binance Visa Card here and be able to spend crypto at over 60 million merchants worldwide and earn up to 8% cashback. Binance Team This is an automated message, please do not reply.*** I mean, these people are moving fast with innovations, while others are sleeping on the past. Nothing new, this always happen.
Bitcoin and Etheroum are the biggest now. For 1 % move there are the others moving 20 %. On IB you can trade some 21Shares ETP tracking other Crypto. Have a look if you like.
I love my mattress but can’t expect it to hold crypto as it only takes cash. It may be obsolete. Maybe I should also transfer the money out of it into CoinBase.
Btw, so you also expect CoinBase to support trading stocks, options and futures? Or are they just too obsolete?
The truth is that i would like to trade on IB at least the 20 something biggest Crypto. It is difficult to trust all these new Brokers /Exchange or what they are. I know "You know it all" but if is not too much for you, make some math and see how much delta you need on CL or ES to get these results. Have a nice day.